BECKHAM BRAD W 4
Research Summary
AI-generated summary
O'Reilly Automotive (ORLY) CEO Brad Beckham Receives Award
What Happened
Brad W. Beckham, CEO of O'Reilly Automotive (ORLY), was granted a derivative award for 74,764 shares on January 29, 2026. The Form 4 reports an acquisition at $0.00 (derivative award), indicating a compensatory grant rather than a cash purchase. The filing shows these units were awarded on that date and are subject to vesting.
Key Details
- Transaction date: 2026-01-29; reported as a Grant/Award (code A) at $0.00 per share (derivative).
- Quantity: 74,764 share-based units awarded.
- Shares owned after transaction: not specified in the information provided in this summary (not disclosed in the prompt).
- Footnote: F1 — the award vests in four equal annual installments beginning on the grant date (i.e., likely 25% vests each year).
- Filing accession: 0001625889-26-000002 (filed 2026-02-02). No late-filing status was provided in the materials supplied.
Context
This is a compensatory equity award (derivative) that vests over time; Beckham did not pay cash for the award at grant. Such grants are common for executive compensation and are different from open-market purchases or immediate sales — they typically align executive incentives with long-term shareholder value but do not necessarily signal near-term insider buying or selling.